Top 5 EV manufacturersPlug-ins (BEV+PHEVs)
Tesla (16% share) is still the top OEM in the plug-in market (despite it offering only BEVs and only under a single brand) with a significant advantage over the big OEMs, however, its market share and advantage has faded over time. We guess that Tesla will remain on top in 2021, it might be a close race.
The second best was SAIC with 13% share (mostly thanks to Wuling's Hong Guang MINI EV, which is not really a normal car, but also thanks to the MG brand). The Volkswagen Group is third with a 12% share.
The Renault-Nissan-Mitsubishi Alliance disappeared from the top five (just 5% share), so now BMW Group is 4th (7% share), followed by newly created Stellantis (6% share). The Hyundai Motor Group share is 4% (from 8% a year ago).
Plug-in car sales in Q1 2021:
- Tesla: 184,500 (16% share vs 19%)
- SAIC: 145,034 (13% share vs 4%)
- Volkswagen Group: 130,563 (12% share vs 13%)
- BMW Group: 77,873 (7% share)
- Stellantis: 66,613 (6% share)
Top 5 total: 604,583 (53.6% share)
others: 523,420 (46.4% share)
Total: 1,128,003Battery-electric only (BEV)
In terms of all-electric car sales, Tesla's edge is even bigger - 25% of the BEV market (but down from 29% a year ago).
Then we see SAIC (17% share), Volkswagen Group (8%), BYD (5%) and Stellantis (5%). Renault-Nissan-Mitsubishi Alliance is outside the top 5 with 4% (compared to 13% a year ago).
All-electric car sales in Q1 2021:
- Tesla: 184,500 (25% share vs 29%)
- SAIC: 124,922 (17% share vs 11%)
- Volkswagen Group: 63,085 (8% share vs 11%)
- BYD: 38,826 (5% share vs 6%)
- Stellantis: 35,450 (5% share)
Top 5 total: 446,783 (60.1% share)
others: 296,513 (39.9% share)
Total: 743,296
To compare against last year
Plug-in car sales in Q1 2021: 1,128,003 (4,512,012 annualised)
Plug-in car sales in Q1 2020: 460,506
Plug-in car sales in Q1-Q4 2020: 3,124,793
Traditionally Q1 is the smallest quarter. The forecast from memory was 5m. They'll do that in a canter. Probably closer to 5.5m.
Tesla saying their Q2 production has been sold out but they may have lowered their original Q2 manufacturing forecasts
In Europe, 42% of Volvo sales were EV this year. 24.3% globally (62000 YTD)
Ford has begun customer deliveries of the all-electric Mustang Mach-E in Norway, which usually is one of the first European markets for new BEV models. We heard that 4,000 Mach-E might be delivered in May and June, which would put the electric Ford among the top-selling cars in the country. For comparison, the Volkswagen ID.4 is at 2,684 YTD (1,824 in April), followed by Tesla Model 3 (2,570 YTD) and Audi e-tron (2,570 YTD).Thousands of cars sent to multiple European countries would explain a significant difference in cars produced and sold in the U.S. so far.
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